---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-156747"
form_type: "8-K"
ticker: "SMTC"
cik: "0000088941"
company_name: "SEMTECH CORP"
filed_at: "2024-06-07T23:59:59+00:00"
generated_at: "2026-06-01T05:46:06.234420+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Semtech appoints Hong Q. Hou as CEO, replaces Paul H. Pickle terminated without cause

## Summary
- Paul H. Pickle terminated as President and CEO without cause effective June 6, 2024; Board cites differences on CEO-Board working relationship.
- Hong Q. Hou, a current board member and former Brooks Automation Semiconductor Group president, appointed as President and CEO effective June 6.
- Hou receives annual base salary of $650,000, sign-on bonus of $350,000, and equity award of $6 million in stock units.
- Company reaffirms Q2 fiscal 2025 guidance provided on June 5, 2024, signaling stability.
- Board reduces size from 12 to 11 directors; Hou resigns from Compensation Committee.

## SEC filing metadata
- accession: 0001193125-24-156747
- form_type: 8-K
- ticker: SMTC
- cik: 0000088941
- company_name: SEMTECH CORP
- filed_at: 2024-06-07T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/88941/000119312524156747/0001193125-24-156747-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/88941/000119312524156747/d827997d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-156747
- JSON: https://secwatch.observer/filing/0001193125-24-156747.json
- Plain text: https://secwatch.observer/filing/0001193125-24-156747.txt

## Key facts
- Executive change
  Paul H. Pickle was terminated as President and Chief Executive Officer at SEMTECH CORP.
  - Action: terminated
  - Role: President and Chief Executive Officer
  source text: On June 6, 2024, the Board of Directors (the “Board”) of Semtech Corporation (“Semtech” or the “Company”) terminated Paul H. Pickle as President and Chief Executive Officer of the Company, without cause.
  evidence_url: https://www.sec.gov/Archives/edgar/data/88941/000119312524156747/0001193125-24-156747-index.htm
- Executive change
  Hong Q. Hou was appointed as President and Chief Executive Officer at SEMTECH CORP.
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: Hong Q. Hou, age 60, who has served as director of the Company since July 2023, will serve as President and Chief Executive Officer, effective as of June 6, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/88941/000119312524156747/0001193125-24-156747-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.